Revenue: Effective Date, Disclosure and Transition & Other Assets and Deferred Costs (Topics 340-40 and 606-10-50)

Course Details

Date

Thursday, February 7, 2019

9:00am – 11:00am
(Registration: 8:30am)

Field of Study

Accounting

Course Number

4183312C

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

Revenue: The Five Steps (ASU 606-10) and Revenue: Special Implementation Guide (ASU 10-55)

Description

This course is the final segment of a three-course series; concentrate on the ASU 606, Revenue from Contracts with Customers. Address the effective date, disclosure, and transition along with ASU 340-40, Other Assets and Deferred Costs.

Now is the time to get serious about adoption of ASC 606, Revenue from Contracts with Customers. With the issuance of a final standard—ASC 606, Revenue from Contracts with Customers—public companies have an implementation date after Dec. 15, 2017, and non-public companies, Dec. 15, 2018 (as amended).

Materials are provided as an ebook for this course.

Highlights

  • FASB ASC 606, Revenue from Contracts with Customers
  • FASB ASC 340-40, Other Assets and Deferred Costs
  • All recently released updates to ASC 606, Revenue from Contracts with Customers

Objectives

  • Explain the objective of disclosure under ASC 606.
  • Explain the elections available to nonpublic entities regarding disclosure under ASC 606.
  • Illustrate, measure, present and disclose other assets and deferred costs relating to ASU 606.
  • Recall the effective date, as revised, for public and nonpublic entities.
  • Identify and differentiate between the two methods of transition.

Designed For

CPAs, auditors, consultants, and financial and management professionals.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$60.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$94.00
Your Price $94.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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